Stakeholders / Stakeholder Engagement

Identification of Important Stakeholders

If the corporation seeks improvement, it is essential to take the stakeholders’ advice, understand the issues they are concerned with, and take these as the major basis for the corporate sustainable development and modification. Compal values the opinions of all stakeholders and modifies its sustainable development guidelines and actions through constantly gathered advice.

An editorial team was assembled by the CSR Office for the purpose of this report. Using the AccountAbility Stakeholder Engagement Standard (abbreviated as AA1000 SES below) and related information provided by the business, the editorial team has selected various possible stakeholders. After the discussion and evaluation of weight (responsibility, influence, tension, reliability, multiple perspectives) by the editorial team, 8 types of Compal stakeholders are selected, namely: customers, employees, investors/shareholders, suppliers, government agencies, media, community residents, and non-profit organizations.

The Company has channels set up to facilitate communication with each of the above stakeholders, while individual units have also been created to communicate with specific groups of stakeholders.

(Listed are issues stakeholders responded to most in the questionnaire, not material issues)

Customers

Regular Communication and Discussion Conference

Monthly or Unscheduled

Project members must be fully focused on the project that they are assigned to and avoid involvement in multiple projects at the same time. The Company and its factories are required to comply with CSR, RBA, RMI (Responsible Minerals Initiative.)*(Note). Unscheduled auditing is conducted to assess Compal's CSR performance.

Union and other labor-management communication channels are being used for two-way communication to convey internal and external information and learn about employees' opinions and thoughts. Activities concerning employees' welfare are also organized on an unscheduled basis.

Compal openly discloses tender information and clearly conveys its procurement rules, contracting rules, and delivery requirements to suppliers. Supplier conventions are held from time to time to convey international safety rules and RBA guidelines.

Compal strives to learn the needs of non-profit organizations that it provides support to and offers relevant sponsorship as needed. The Company also encourages employees to participate in activities organized by the Chau-Ing Hsu Social Welfare and Charity Foundation. Meanwhile, Compal volunteers have mobilized themselves to visit elementary schools and children's homes in remote locations, where they accompanied children in reading activities.

Note: RMI (Responsible Minerals Initiative) combined the rebranding of RBA and renamed CFSI (Conflict-Free Sourcing Initiative) to RMI. It extended the conflict and range of safety issues in the supply chain directed against the Tin, Tantalum, Tungsten, and 3TG minerals in African Great Lakes. RMI continued to implement the mission and expectation of the Conflict-Free Sourcing Initiative (CFSI) and provided program contents, services, and equipment to promote a responsible global supply chain of minerals and assisted corporations to comply with laws. (Information Source: Internet)